RBA delays bond purchase review until 2022

Reserve Bank of Australia
Photo: Alex Towle

The board of Australia’s central bank will not review its bond-buying programme until at least February 2022, continuing to purchase A$4 billion ($3 billion) in bonds a week.

Governor Philip Lowe announced the extension of the Reserve Bank of Australia’s bond-buying programme today (September 7), alongside the decision to leave interest rates at 0.1%.

Originally, the board was set to review the pace of bond purchases in November. The decision to push back the review “reflects the delay in the

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